Skip to main contentSkip to navigation
1 / 7

Land for Sale in Rochester, Minnesota

Highway 63 & 48th Ne St, Rochester, MN 55906

$1,600,000
63.4 acres
Active sale
ago
Est $12,169/mo

An opportunity of this scale doesn't surface often on Rochester's fast-growing northeast side. This is 63.35± acres of development ground at the hard corner of Broadway Avenue N (U.S. Highway 63) and 48th Street NE. Located in NE Rochester, this parcel will directly benefit from the growth of a city that Mayo Clinic and the Destination Medical Center initiative keep pushing outward year after year. The land is currently guided in the City's future land use plan for low-density residential and commercial/business development, and it's well positioned to deliver on either vision. Preliminary engineering identifies roughly 27.5 near-term developable acres across two workable parcels on both the north and south ends of the property. The remaining acreage is wooded hillside with rolling elevation, mature trees, and a natural buffer that offers room for future or amenity-driven development. The property currently carries an agricultural classification with modest holding costs, giving a buyer runway to plan, entitle, and phase development on their own timeline. Whether you're a residential builder hunting for lots, a developer assembling a mixed-use node, or an investor banking land in the right growth direction, the fundamentals here are difficult to replicate. Highway frontage and visibility. Genuine scale. Natural topography and tree cover. And a growth story for Rochester that is already being written all around it. Reach out today for more information.

  • Major Road Frontage
  • NE Rochester Growth Cooridor
  • Residential + Commercial Potential
  • Divisible Parcel

Location

Street address
Highway 63 & 48th Ne St
Zip code
55906
Elevation
995 feet
Coordinates
44.0729, -92.4502

Property details

Acreage
63.35 acres
Source
SharpLaunch
Posted

Listing history

DateEventPriceChangeSource
Aug 6, 2026New listing$1,600,000SharpLaunch
Subscribe to listing updates

Payment calculator

This 63.35-acre property is located at Highway 63 & 48th Ne St in Rochester, MN 55906. The land is available for sale, priced at $1,600,000 — $25,257 per acre.

Checked 2 hours agoUpdated Source

Report listing issue

Listing data provided by SharpLaunch. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact